capital gain on sale of bonus shares
Prashanthi Neha (student) (36 Points)
11 July 2018
If the capital asset being sold is long term bonus shares (stt applicable) taxable as ltcg
1 Replies
Kavita Modi
(CA Job)
(232 Points)
Replied 11 July 2018
it's not necessary that if share are long term then bonus shares also come under long term. it depends when bonus shares have been issued to you and accordingly short term and long term gain will be computed
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